The last 24 hours have been a mire of rumour, speculation and now finally confirmation. The legendary original line-up of Black Sabbath featuring Ozzy, Geezer Butler, Tony Iommi and Bill Ward is back for a new album  in 33 years and even more stunning; a tour in 2012. Rick Rubin, a 7 time Grammy winner is slated to produce the new effort.

All five gathered at the legendary LA haunt Whiskey A-Go-Go, the site of their first groundbreaking concert exactly 41 years ago, for the announcement. Henry Rollins hosted the event. Toni Iommi's official website announced the news:

"Selling over 70 million albums together, the Grammy-winning, Rock and Roll Hall of Fame inductees have signed a new record deal worldwide with Vertigo and Vertigo/ Universal Republic in the U.S., the band’s original label. BLACK SABBATH is now in the studio recording the as-yet-untitled new album for release in the fall of 2012 (exact date TBA). It will mark their ninth studio album together and their first since 1978’s Never Say Die!
Next summer, BLACK SABBATH will headline the mammoth multi-day UK Download Festival in the U.K. on June 10. The new album will then be supported with a worldwide headline arena tour (dates TBA)."

They also announced the launch of  a new website, the first-ever official website for all authorized Sabbath news. In addition, the band’s online presence will also be supported by social media via Facebook and Twitter--again, marking the band’s first-ever foray into the social media world. They also released a short video mash-up for the event.